Kaitlyn Landgraf Bartley

Revel Partners raises $20.6 mln toward $50 mln second fund

Revel Partners has raised $20.64 million of a targeted $50 million second fund, according to a filing with the SEC. The New York-based firm is led by Chris Young, Joseph Apprendi, and John Vincent, and makes early-stage investments in enterprise SaaS companies, according to its website. Thus far, 21 investors have committed to the fund.

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BioCrossroads raises $5 mln for $12 mln seed fund

Indianapolis-based BioCrossroads has raised $5 million for its targeted $12 million third fund, Indiana Seed Fund III, according to a regulatory filing. As part of the Central Indiana Corporate Partnership, BioCrossroads invests in life sciences companies based in Indiana and is led by David Lawther Johnson. Three investors have committed to the fund, according to the filing.

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